A.M. Best Co. has affirmed its A (Excellent) financial strength ratings for National Life Insurance Company and Life Insurance Company of the Southwest, the two insurance companies of National Life Group. This is the third highest of A.M. Best’s 16 ratings.
“Our mission is to deliver on our promises,” said Mehran Assadi, president and CEO of National Life Group. “I am very pleased that A.M. Best has reaffirmed our excellent rating, which reflects our financial strength.”
In a news release announcing the ratings, A.M. Best cited National Life’s “long history of solid execution in targeting life and annuity product solutions to the middle market segment.”
“The group targets distributors in which members can collaborate, making for stronger partnerships and continued success,” A.M. Best continued. “The group has shown strong sales growth in recent years, outperforming the broad insurance market combined with operational profitability. The profitable growth has led to an increased market position with increasing market share in its niche products, such as its K-12 educators market.”